VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/26/12 -- IMPACT Silver Corp. (TSX VENTURE:IPT) ("IMPACT") is pleased to provide results from the first drill holes in the newly discovered Mirasol prospect, located 5.5 kilometers southeast of IMPACT'S 500-tpd (tonne per day) Guadalupe processing plant at the Royal Mines of Zacualpan Silver-Gold District in central Mexico.

In keeping with IMPACT's policy of exploring the Zacualpan District in a balanced and systematic manner, the Mirasol area was chosen for exploratory drilling by virtue of having high grades (up to 1,805 g/t silver, 1.52% zinc, and 3.55% lead in underground workings), hosted by a well-defined 1.1 kilometer long structure, in which the soil geochemistry and geological mapping indicated a good degree of continuity. These first drill holes at Mirasol intersected wide zones of silver mineralization to the east of and beyond IMPACT's previous areas of drilling, and have thus opened a new sector for exploration.

Summarized below are the significant intersections from this first phase of drilling:

To date, three principal target areas have been defined in the Mirasol area: Northwest, Central and Southeast. The Northwest and Central Zones contain a number of old underground workings within a large area of anomalous soil geochemistry for silver-gold-lead-zinc. The Southeast Zone is represented by a less prominent soil geochemistry anomaly and one small underground working (with a silver value of 362 g/t); initial drill holes in the Southeast Zone returned low values but the zone will be further evaluated. Discussions with elder inhabitants of the Mirasol area indicate that their grandfathers worked at the Mirasol (circa late 1800's), and since that time there has been no work until IMPACT's prospectors rediscovered this otherwise lost area.

The principal veins of the Mirasol area represent a shear zone in which the veins strike northwesterly and dip to the southwest. They include the Mirasol Veins (Abajo and Arriba), which dip moderately (35-50 degrees) and the steeper dipping La Colima I, and Deschuesado A and B Veins. To date all of these veins have contributed significant wide intersections which substantially impact the tonnage potential of this area.

Future Plans for the Mirasol Prospect

Drilling is ongoing at Mirasol, with the principal focus being the Central Zone where the mineralization remains open to expansion at depth and along strike in both directions. Additional drill pads have also been constructed for the Mirasol Northwest drilling area, where hole Z12-76 encountered silver grades at depth (335.2 g/t over 1.58 meters) and the mineralization is open to expansion at depth and along strike in both directions.

Brian Hall, M.Sc., P. Geo., Nigel Hulme, P. Geo., and Wojtek Jakubowski, P. Geo., Qualified Persons under the meaning of Canadian National Instrument 43-101, are responsible for the technical content of this news release.

IMPACT Silver Corp. is a precious metal mining and exploration company operating in central Mexico, with a producing silver operation at the 423-square-kilometer Royal Mines of Zacualpan Silver-Gold District which includes the Mirasol, and the adjoining 200-square-kilometer Mamatla VMS District which includes the advanced Capire Mine Development Project, plus a 16.5% shareholding in Defiance Silver Corp. who are advancing IMPACT's 200 tpd mill and mineral concessions in the Zacatecas Silver District. Additional information including a drill hole location map for the Mirasol area can be found on the Company website at www.IMPACTSilver.com.

On behalf of IMPACT Silver Corp.

Frederick W. Davidson, President & CEO

Forward-Looking Statements

This IMPACT News Release may contain certain "forward-looking" statements and information relating to IMPACT that is based on the beliefs of IMPACT management, as well as assumptions made by and information currently available to IMPACT management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including but not limited to, without limitations, exploration and development risks, expenditure and financing requirements, title matters, operating hazards, metal prices, political and economic factors, competitive factors, general economic conditions, relationships with vendors and strategic partners, governmental regulation and supervision, seasonality, technological change, industry practices, and one-time events. Should any one or more risks or uncertainties materialize or change, or should any underlying assumptions prove incorrect, actual results and forward-looking statements may vary materially from those described herein. IMPACT does not assume the obligation to update any forward-looking statement.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cloud Expo, Inc. has announced today that Andi Mann returns to 'DevOps at Cloud Expo 2017' as Conference Chair
The @DevOpsSummit at Cloud Expo will take place on June 6-8, 2017, at the Javits Center in New York City, NY.
"DevOps is set to be one of the most profound disruptions to hi...

20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world.
Cloud computing is now being embraced by a majority of enterprises of all sizes. ...

With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExp...

Between 2005 and 2020, data volumes will grow by a factor of 300 – enough data to stack CDs from the earth to the moon 162 times. This has come to be known as the ‘big data’ phenomenon. Unfortunately, traditional approaches to handling, storing and analyzing data aren’t adequate at thi...

In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand usin...

Kubernetes is a new and revolutionary open-sourced system for managing containers across multiple hosts in a cluster. Ansible is a simple IT automation tool for just about any requirement for reproducible environments. In his session at @DevOpsSummit at 18th Cloud Expo, Patrick Galbrai...